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Run of a lifetime

bm82

bm82

Newbie member
PAB Experienced
Joined
Apr 2, 2016
Location
MT
So... yesterday I had the run of a lifetime at slotzo (Aspire Global) I turned a €4k deposit into €450k :) Unbelievable I know:)

What's even harder to believe... the casino told me they will pay out €7k per month(!) so it will take them 5.5 year to pay me out haha.

The casino already stated that this is the max. then can do. Any advice on what I can do, or useful people to speak to?

Thanks in advance.
 
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Congratulation!
If the casino has a rep here, he might be able to help-more likely increasing monthly amount, not paying all at once though. Apart from that I'm not sure who you can talk to.
Did you try to talk to top level manager at the casino?

If the casino clearly stated on their website about max monthly payment, there are not many people who could help you, I think.
The biggest reason why casinos have monthly limit for payment is the cash flow, though 7k seems quite small for max payment per month.

Hopefully other members can help you more.
The wisest thing to do will be to open an account at different casino, and play there whenever you want gamble, making sure you don't spin at all at slotzo until you get paid in full.
 
To be honest, I am surprised that an apparent high-roller does not check the terms or speaks to some VIP host at a casino to agree on this kind of things. They can now always point to their TC's and there is little you can do other than waiting for the payout for the next 5.5 years.

You have to play at casinos like Rizk who do not have withdrawal limits. Read the terms first, is the most important advice.
 
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Thanks guys. Thing is that I like to try new casinos every once in a while and I wasn't really planning on winning such an amount. You won't hear me complain though.
 
bm82 said:
Thanks guys. Thing is that I like to try new casinos every once in a while and I wasn't really planning on winning such an amount. You won't hear me complain though.
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Nothing speaks against trying a new gaming hangout, after all new ones come out left and right every week. But reading the terms is an absolute must as they can contain some nasty surprises.
 
Well done! OK, assuming there was no bonus terms applied here and it was all cash, you have only the verification of such a large win to be completed and then the question of pay out schedule.

Alas you're not in the UK as the UKGC have recently acted upon these silly low monthly withdrawal limits so you'll have to hope that they can be flexible. In the meantime, you're going to have the temptation of a huge amount of cash sitting there for years. That is where I envisage issues occurring. It would tempt a saint.

As far as I know Aspire are OK but I have the feeling that for an amount this large there are many casinos that would search for ANY possible reason not to pay, so check you're squeaky-clean!

I hope it all turns out OK!
 
sapit222 said:
Seems to be a new casino so i couldnt find much information on it.

slotzo is part of Fortuna Gaming.
Jumpman Gaming Limited platform?

There is also a casino called: slots zoo but its rogue/blacklisted.

Congrats on the winnings! :thumbsup:
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Aspire Global White Label with an office in Newcastle.

Fortuna Gaming details:
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They currently run some 8 skins:
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i don't trust any of this white labels, mostly underfunded, low withdrawal limits, tons of shitty terms etc. BUT always very good at taking your money. :rolleyes:



upload_2018-11-19_18-59-11.webp
 
I'd be surprised if they let you go away with more than 20-30k. Congrats though.

They'll probably close under a year (or later if you play your winnings...), they'll cancel what you don't play back and offer you thousand "bonuses". With the cheerful applause of MGA and all other actors of this mafia industry.
 
According to the companies house data , last filed accounts in 2017 show turnover of £289000 and net profit of 30000 after tax .

So your win is 1.5 times bigger than the entire last year turnover..

I’d be asking for a personal guarantee from the director on those figures, be careful they don’t try to close the company or do a Phoenix before you get paid.

Might even be worth seeing a lawyer to find the best way of securing payment before anyone tries anything shady .


Even 7k a month payment looks like it will clear them out ...
 
Spikie said:
According to the companies house data , last filed accounts in 2017 show turnover of £289000 and net profit of 30000 after tax .

So your win is 1.5 times bigger than the entire last year turnover..

I’d be asking for a personal guarantee from the director on those figures, be careful they don’t try to close the company or do a Phoenix before you get paid.

Might even be worth seeing a lawyer to find the best way of securing payment before anyone tries anything shady .


Even 7k a month payment looks like it will clear them out ...
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There is no way on earth he will get a directors guarantee for the win. Why would the jepordise their own personal financial security if they don’t have to. Looking at the company figures I would be very worried now if I was the OP.
 
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SpinUk said:
There is no way on earth he will get a directors guarantee for the win. Why would the jepourdise their own personal financial security if they don’t have to. Looking at the company figures I would be very worried now if I was the OP.
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Alas, I'm tempted to agree. It would be appear cheaper to make it insolvent than pay, or have that liability around their necks for years. I hope I am totally wrong. But it happens. Fantasino allegedly had a big winner earlier this year and haven't been able to pay affiliates since, unless that's changed recently.
 
Id be very interested to know the capital requirements when opening up a contractual agreement to offer games with the likes of MG and Netent. Someone here will know.Ballpark figure that is.

Remeber the post where the guy won over £1m on Reactoonz. He got paid AFAIK. I find it hard to beleive the likes of Microgaming would deal with a company with only a couple of hundred grand in the bank.
 
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SpinUk said:
Id be very interested to know the capital requirements when opening up a contractual agreemebt to offer games with the likes of MG and Netent. Someone here will know. Ball
park that is.
Click to expand...

I posted about that just recently. In the early days of MG when the US was still allowed to play, MG asked for a $1 Mio bond from a new casino operator. Don't know what it is today as we have gone from 10+ game providers to 150+. Competition tends to water these kind of things down as the market share falls. Plus, you have these White Label platforms that offer the complete package and host dozens of casinos. No clue though what kind of retainers they are asking but it can't be too much since you have white labels spreading quickly like a "bad disease".
 
Dont think I would like to be in your predicament.although its the win of a lifetime we all
dream about.Really hope it works out for you but I cant see them being around for too long
with that liability around their necks.I know nothing about the casino, hopefully others can find
out more for you.Best of luck
 
I really hope I’m wrong but I just can’t see the op getting paid here, too big a win ,way too small a company . Really feel for this guy
 
I'd not be enthralled at the duration of payment, but sure as hell wouldn't balk at 7K p/w over five years.

Question is what can't you finance with that. Mortgage, bills and still enough for the bfh!

But of course given the fickle nature of the industry, many casinos won't be around in two years never mind five :cool:
 
goatwack said:
I'd not be enthralled at the duration of payment, but sure as hell wouldn't balk at 7K p/w over five years.

Question is what can't you finance with that. Mortgage, bills and still enough for the bfh!

But of course given the fickle nature of the industry, many casinos won't be around in two years never mind five :cool:
Click to expand...

Nobody would balk at 7K when you won them at a reputable casino and are not a highroller who deposits 4.5K in one shot. The 7K / month sound then rather like small change considering it covers less than two regular deposits of the OP. :D
 
Harry_BKK said:
Nobody would balk at 7K when you won them at a reputable casino and are not a highroller who deposits 4.5K in one shot. The 7K / month sound then rather like small change considering it covers less than two regular deposits of the OP. :D
Click to expand...
Exactly! That's like one good session paid for per week, from his mansion! :p
 
bm82 said:
Thanks everyone for sharing your thoughts! I appreciate it:thumbsup:

Personally, I'm a bit more positive than most of you:) but to be sure I involved my lawyer yesterday and they already reached out to the company.

Will keep you posted!
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Good decision. Keep us posted how things go. This will be interesting for all of us as it will expose how well or "not-well" white label casinos are funded.

Seeing you are based in MT, you should have no difficulty for a potential legal discourse.
 
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Slotzo actually have a UKGC license too and this side are operated by a UK reg company, Fortuna Gaming. I have tested a few of the sister sites and they are OK, but obviously not for this insane amount. Now there's a possibility they could have insurance for this type of win, but the sheer amount and monthly obligation could easily make the difference between the casino being able to operate or not going forward. If in the OP's position I have to admit my arse would be going like a rabbit's nose right now, simply because it's not been won at a bigger casino like Casumo say, or one of the bookie sites.
 
Reading your story, uncovers yet again how "grey" the online casino business is. Taking unlimited deposits but not capable of coughing up more than a few thousand every week. Basically, they bet on more players losing money for them to be able to pay one big winner. :rolleyes:

Authorities like the MGA or UKGC, should implement a regulation that a pop-up appears when a players reaches the withdrawal limit per week or month. As it stands now, if a player does not read every iota of the TCs, he can find himself exactly in your situation where he goes for once on a super lucky streak and then waits until his retirement to get paid in full. And that only if the casino survives that long. :eek:

Plus casinos with such low withdrawal limits should be forced to have bet limits in all their games that would ensure a player cannot go past the withdrawal limits. I bet my last shirt, that we would see dozens of white label casino disappear as they would hardly get new players to sign up after reading the limits/restrictions.
 
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Harry_BKK said:
Reading your story, uncovers yet again how "grey" the online casino business is. Taking unlimited deposits but not capable of coughing up more than a few thousand every week. Basically, they bet on more players losing money for them to be able to pay one big winner. :rolleyes:

Authorities like the MGA or UKGC, should implement a regulation that a pop-up appears when a players reaches the withdrawal limit per week or month. As it stands now, if a player does not read every iota of the TCs, he can find himself exactly in your situation where he goes for once on a super lucky streak and then waits until his retirement to get paid in full. :eek:

Plus casinos with such low withdrawal limits should be forced to have bet limits in all their games that would ensure a player cannot go past the withdrawal limits. I bet my last shirt, that we would see dozens of white label casino disappear as they would hardly get new players to sign up after reading the limits/restrictions.
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Valid point harry I find it hard to get my head round the fact a casino with such a small net worth (on paper) is allowed to accept bet limits this high (and they must have been high I’m guessing £500+ straight up on a number roulette and £5k plus on blackjack ) . Any decent run at these levels ends up with a payout like the op’s but where does the cash come to pay him?
Bricks and mortar aren’t allowed to continue taking bets if they don’t have the chips to cover any potential win and every chip they hold has to be cash backed but it seems online these safeguards aren’t there
 
hope you get paid but if you depositing those size deposits, then you are insane for "trying" new casinos. I only stick to major bookmaker sites now as I know if I win big they will pay. So many of these big casinos are closing and one big win would cripple most of them.

No way they will pay you all that money, but I hope I am wrong. Good luck.
 
That just doesn't sound right to me. If you won the money straight up with no bonus money and/or terms attached then surely they should pay you. If it were the other way around I doubt they would have put up a fight to take it off you.
 
Nicola said:
Just be careful if they 'make you an offer' - anything confusing check with @maxd first before agreeing.
Click to expand...

We had a bit of a crisis with Aspire Global casinos a while back and that had the (somewhat) good effect of me having been given two reliable (so far) contacts within Aspire. So yes, as Nicola said, give me a shout if you need assistance. The best way is to file a PAB and let me look into it that way.
 
maxd said:
We had a bit of a crisis with Aspire Global casinos a while back and that had the (somewhat) good effect of me having been given two reliable (so far) contacts within Aspire. So yes, as Nicola said, give me a shout if you need assistance. The best way is to file a PAB and let me look into it that way.
Click to expand...

Thanks Max, great to hear. Via my lawyer I'm already in contact with Aspire's management and I expect to find a solution soon. If not, I'll ping you for sure.

Thanks everyone for your great support and tips!
 

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